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<br />'", " , DEE,D OF,TRUST '
<br />~ " THIS, DEED OF'TRUST ("Sec~rity l~slrumen~'") is made on ~ebruary 29
<br />~())~ The Trustor is Helen Frerlchs and Richard A. Frerlchs, Husb:md and Wife
<br />I ~ A -\. The Trustee is Occidental Nebraska Federal Savings Bank
<br />t~ ')... The Beneficiary is Occidental Nebraska Federal Savings Bank
<br />I 1 ~ ~ under the laws of the State of Nebraska ,and whose address is
<br />t t ~ 6801 10' St., Lincoln, NE 68510 ("'Lender"). Borrower owes Lender the principal sum of
<br />II \! ---------FIFTY THOOSAND AND NO/100------------------------- Dollars
<br />!"'- 0., l (U.S. $ 50,000. 00 ). This debt is evidenced by Borrower's note dated the same dale as this Security
<br />\ ," "~ Instrument ("Note"). wltieh-~ I8r m8fttltly JllI)lfte/lts, with the full debt, if not paid earlier. due and payable
<br />-..:JV 'K.., \. J on .March 1, 1989 ' This Security Instrument secures to Lender: (a) the repayment
<br />,~ "Il\l '- of ,he deb, ",dm'" by ,h, Not'. wl'h '.re",,,. ,"d ," ",,",1,. ""'';0", ,"d mod ,"'" '0'" ,b, ,h, p'ym,ot of .11 o'he, ,"01'.
<br />I:~ with interest, advanced under pamg~aph 7 to protect the se~urity of this Security Instrument; and (c) th.e performa,nce of Borrower's
<br />~ convcnants and agreements. For thIS purpose. Borrower Irrevocably grnnts and conveys to Trustee. In trust. with power of sale,
<br />, tr; the following described property located in Hall Count)'. Nebmska:
<br />
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<br />
<br />1988
<br />("Borrower").
<br />("Trustee"),
<br />,which is organized and existing
<br />
<br />wt Four (4) and the h'esterly Fifty-Six Feet (56') of Jpt Three (3), a1~.j.n Block
<br />Seventeen (17), in Kernahan and Decker's Addition to the City of Grand Island.,
<br />Hall County, Nebraska
<br />
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<br />which has the.' address of
<br />- - I. ~..
<br />
<br />1619 \~st Second, Street
<br />
<br />Gr. ,,;nrl'Island
<br />~n..ll
<br />
<br />Nebraska
<br />
<br />6B801
<br />
<br />IS;~I
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<br />'CiI)l
<br />
<br />("Propcr1)' Address'");
<br />
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<br />'Zlp C.od<l
<br />
<br />TOOETHER Willi all the improvements now Or hereafter erected on the property, and allca!.ements, ngnts.
<br />appurtenances, rents. royalties. mineral. oil and p.s rights and profits, water rights and stock and all filltUtes now or
<br />hereafter a put of the property, AU replKemcnts and additions shall also be covered by this Securily Instrument. All olthc
<br />'ORIOinI,11 referred to in this Security Instrument 'althc "Propeny."
<br />
<br />Ik>ltaOWEaCOVENANTS that Borrower islaw(ully ~iscd of the estate h'ereby conveyed and has the right to granl and
<br />COftvey the PropertYand'~t the Propeny is unencumbered, tJlcept for encumbrances of record, Borrower warrllDtsand will
<br />~'end pncnJly the title "0 the Property qainst all claims' and demands, subject to any encumbrances of record.
<br />
<br />THIS SECURtTY INnRUMtNT combInes unifonn. cOVenants for national USt and non.uniform covrnants with limited
<br />variation. by jutlsdlctionlo constitute a uniform security inJtrum~nt coverin. realpropert)'.
<br />
<br />NEBRASKA-Sinalc hmll)"-HiMA/nn.MC lIN.rORM INSTRUMENT
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